1604 S Shelby St Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40217
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $128
Subdivision Merriwether & Davison
MLS Listing ID 1695998
Style Traditional
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 2,100
Year Built 1911
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Duplex
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 2100
Property Description
The absolute BEST Price/sq ft opportunity currently available for any investor in one of Louisville's most walkable neighborhoods! Just blocks from UofL & beloved local staples like Zanzabar, Nord's Bakery, Dairy Del, Toasty's, Bean, Hauck's, Preston Park, and Emerson Park, this versatile property is move-in ready & packed with potential.
With over 2,000 square feet, this duplex has historically been configured as a 2-bedroom unit and a 1-bedroom unit, offering flexible living or rental arrangements. One unit is currently occupied and the other is vacant, making it an ideal setup for an owner-occupant or an investor looking to lease both. Each unit includes a dishwasher and in-unit laundry, plus separate gas and electric meters. The owner currently pays water.
This duplex is listed /sq ft, while the AVERAGE price/sq ft in this neighborhood is $160, with recent sales reaching $188/sq ft. And with the right updates? The area supports values as high as $300/sq ft for single-family conversions. Lots of upside and opportunity to build equity here.
Both units are in good overall condition with updated HVAC systems, a newer hot water heater, and several replacement windows already in place. Out back, you'll find a large outbuildingformerly used as a garagethat currently serves as storage (no power run to it), and an expansive yard area that could easily be divided to give each tenant their own private outdoor space.
Whether you're looking to live in one unit and rent the other, or add a well-located property to your portfolio, 1604 S. Shelby checks a lot of boxes. This property has been well maintained and is move in ready, although at this value price, it is sold "as is". Thank you!
Location
State KY
County Jefferson
Direction Eastern Parkway to North on Shelby.
Interior
Heating Forced Air,Natural Gas
Cooling Central Air,Wall/Window Unit(s)
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
View Y/N No
Roof Type Asphalt
Porch Patio,Porch
Garage Yes
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Wood Frame,Stucco